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GBPUSD (1.3018) • UK GDP grew 0.4% in Q2, in line with preliminary trends, but the Y/Y measure was clipped back slightly to 1.2% (from the 1.3% preliminary report). The Q2 Current Account gap widened to –GBP20.3bn, however, the widest in a year, and well

No change in levels or view .Gold is trapped in the range for last so many days.Both 1180 and 1215 are levels to look at the chart and verify yourself , how accurately these levels are impacting the trend in gold.

The rupee settled higher at 72.20 to a dollar in Mumbai against 72.37 at close on Sep. 19, amid reports of additional measures such as forex swap window for oil companies and easing global risk aversion.

EURUSD (1.1765) • Preliminary Eurozone PMI data was a little disappointing on the manufacturing side, with both France and Germany registering slightly less positive growth in the sector this month. German service sector output rose strongly, however, lif

With little data on the economic calendar, markets will likely focus more heavily on trade-related headlines in the coming week after reports said U.S. President Donald Trump wants to move forward with tariffs on $200 billion in Chinese goods.

Gold was virtually static, opening friday at 1206.00/1207.00. After the open, the metal rallied to a 2-½-week high of 1212.25/1213.25 as the dollar index fell to a 1-½-month low, with the British pound and the euro rising to a 6-week high and 2-week high,

The Indian rupee, on Friday, erased some of its morning gains to hover around 72 per US dollar. The currency rose more than 60 paise during the day. Lower WPI inflation and possible government measures are likely to have boosted the currency.

EURUSD (1.1699) • Eurozone-US 2Y spreads are wider, reaching a new record of –331bps, but the EUR is paying little heed to widening yield differentials. Rather, the market has focused on the somewhat more hawkish tone in ECB President Draghi’s press confe